Description

Introducing a remarkable 95-acre vacant lot with extensive frontage on Centre Road, directly opposite the esteemed Ridge at Manitou Golf Course in McKellar Township. This expansive property offers a wealth of development possibilities, capitalizing on its prime location. Its proximity to the public dock and boat launch on Lake Manitouwabing enhances its appeal, providing residents or visitors with easy access to aquatic activities. The presence of Hydro One lines at the lot line ensures seamless utility connections, facilitating the development process. McKellar Township is a vibrant and growing community, offering amenities such as beaches, boat launches, parks, and trails, making it an attractive destination for both residents and tourists. The Ridge at Manitou Golf Course, an 18-hole, par-72 course renowned for its natural beauty and challenging layout, further enhances the property's desirability. This offering represents a unique opportunity for developers to create a landmark project in a region characterized by its natural beauty and recreational amenities. (id:66096)

Market Timing

Days on market

42d

McKellar listings, avg age

93d

List price

$400K

Homes here sell below asking price

Homes in this market sold for an average of 93.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in McKellar has been listed for 42 days, which is 51 days fresher than the city average of 93. Act while there is still low competition.

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Area context

Neighbourhood profile (P0G)

This home lists at $399,900, about 5.6× the local median household income of $72,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $72,000
Population: 3,553
Median age: 58
Owner / renter: 92% / 8%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P0G)

$399,900

For sale

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Financing

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Lot 20 Centre Road, McKellar - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0G)

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